On April 24th, Huawei held the "2024 Huawei Smart Electric&Smart Charging Network Strategy and New Product Launch Conference". At the meeting, Huawei announced the official establishment of the Supercharger Alliance, claiming to provide high-quality charging wherever there is a way.
At present, the members of the Supercharged Alliance include Nezha Automobile, Xiaopeng Automobile, BYD Automobile, Jihu Automobile, Avita Automobile, Celes Automobile, Jiangqi Group, Great Wall Motors, Ideal Automobile, GAC Group, and Chery Automobile, covering almost half of the domestic car companies.
In my opinion, this can be said to be a very positive move in the field of new energy.
Firstly, the Supercharged Alliance is led by Huawei, and Huawei's profound strength and position in the field of new energy are expected to bring new development opportunities to the entire automotive industry chain; Secondly, in the current context of China's new energy vehicles going global, the establishment of the Supercharged Alliance is expected to collaborate with domestic car companies to jointly expand overseas markets and promote the Supercharged Standard to become an international standard, which is conducive to reducing the cost of going global and accelerating the pace of going global.
Meanwhile, based on the analysis of sales data of various new energy terminals from April 15th to April 21st, I believe that the new energy vehicle market is still quite hot, and the supercharging alliance is expected to promote the industry to maintain its popularity. Coupled with factors such as price reductions by car companies and brand launches of new products, car company sales are still expected to increase. From the list, BYD continues to hold the top spot, followed closely by Wuling Automobile and Hongmeng Zhixing, while the gap between Aion, Tesla, and Ideal is relatively small. Overall, the sales performance is good.
Source: Official information from various automotive companies and new energy vehicle technology information
Against the backdrop of the establishment of the Huawei Supercharge Alliance, the popularity of the new energy vehicle industry is expected to maintain. In the long run, creating an ultimate experience and wide coverage overcharge network will enable the industry to operate efficiently and increase revenue; At the same time, it can accelerate the pace of various car companies going global, which has profound significance.
As for investment targets, the related product battery ETF (561910) and the China Merchants CSI Battery Theme ETF Link Fund (Class A: 016019, Class C: 016020) are selected as constituent stocks of listed companies involved in lithium batteries, charging piles, new energy vehicles, and other businesses. When the new energy industry is expected to maintain a high prosperity, it is expected to seize the development opportunities of upstream, midstream, and downstream industries.